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GE brings good things to light!

Haliade-X brings higher value to customers by producing more energy from the wind with a 12 MW generator rating, an industry-leading capacity factor1 and advanced digital capabilities
Haliade-X 12 MW is currently being bid for projects that will ship in 2021
Haliade-X 12 MW will produce 45 percent more energy than any other offshore wind turbine available today and will generate up to 67 GWh annually2, enough renewable power for up to 16,000 European households2
$400 million program will fund engineering, testing and supply chain development over the next three to five years

Paris, France – March 1, 2018 – GE Renewable Energy (NYSE:GE) today unveiled its plan to develop the largest, most powerful offshore wind turbine: the Haliade-X. Featuring a 12 MW direct drive generator and an industry leading gross capacity factor of 63 percent1 the Haliade-X will produce 45 percent more energy than any other offshore turbine available today2. GE will invest more than $400 million over the next three to five years in development and deployment of the Haliade-X.

John Flannery, Chairman and CEO of GE, said, "We want to lead in the technologies that are driving the global energy transition. Offshore wind is one of those technologies and we will bring the full resources of GE to make the Haliade-X program successful for our customers."
Towering 260 meters over the sea, more than five times the size of the iconic Arc de Triomphe in Paris, France, the Haliade-X 12 MW carries a 220-meter rotor. Designed and manufactured by LM Wind Power, the 107-meter-long blades will be the longest offshore blades to date and will be longer than the size of a soccer field. One Haliade-X 12 MW turbine will generate up to 67 GWh annually2, enough clean power for up to 16,000 households per turbine, and up to 1 million European households in a 750 MW windfarm configuration.

Jérôme Pécresse, President and CEO of GE Renewable Energy said, "The renewables industry took more than 20 years to install the first 17 GW of offshore wind. Today, the industry forecasts that it will install more than 90 GW over the next 12 years. This is being driven by lower cost of electricity from scale and technology. The Haliade-X shows GE's commitment to the offshore wind segment and will set a new benchmark for cost of electricity, thus driving more offshore growth."

The ability to produce more power from a single turbine means a smaller number of turbines in the total farm, which translates to less capital expenditure for the balance of plant and reduced risk in project execution as the installation cycle time is reduced. It also simplifies operation and maintenance of the wind farm. All of this reduces the investment and operation cost for developers, makes offshore wind projects more profitable, and ultimately lowers cost of electricity for consumers.

John Lavelle, CEO of Offshore Wind at GE Renewable Energy said "The Haliade-X 12 MW will help our customers in an increasingly competitive offshore environment, and through its size and digital functionality provide important value across manufacturing, installation and operation."
GE's Haliade-X platform is designed to offer greater efficiency in generating power from the wind that is available. With a 63 percent gross capacity factor1, the Haliade-X 12 MW is five to seven points above the current industry benchmark. Therefore, it will produce more energy per MW installed, which will significantly increase returns for customers.

To design and build the Haliade-X platform, GE Renewable Energy is relying on an unprecedented collaboration across the GE portfolio, leveraging the knowledge of GE's Onshore wind team, with 50,000 turbines in the field; the blade expertise of LM Wind Power; the GE Power and GE Aviation engineers for peer reviews of component and systems design; the Global Research Center for control systems and component validation; and GE Digital for supporting digital modelling, analytics and app development. The program is a GE-wide effort.

GE Renewable Energy aims to supply its first nacelle for demonstration in 2019 and ship the first units in 2021.

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---This post is delivered with righteous passion and with a solemn southern directness --
...........fighting against the deliberate polarization of politics...

Re: GE brings good things to light!

Glad to hear it. I bought GE stock shortly before it collapsed (and cut it's dividend in half)... but I'm hanging on for the long term, and this kind of thing is a good long term bet.

"Reason and facts are sacrificed to opinion and myth. Demonstrable falsehoods are circulated and recycled as fact. Narrow minded opinion refuses to be subjected to thought and analysis. Too many now subject events to a prefabricated set of interpretations, usually provided by a biased media source. The myth is more comfortable than the often difficult search for truth."

Re: GE brings good things to light!

That big square of fenced in space on top of the turbine made me wonder what would it be like to have a vacation spa villa or casino. Or Bond villain hideout. So build them in Dubai and overlooking famous skylines. And a school for elite base jumpers.